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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Mobile home & RV parks
1372 Rocky Cv Ln, Denton, NC 27239-7255
Individually Owned
5-yr Hold
Property ID
US53-4925275
Property profile
Verified
Property type
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Year built
2008
Total area
7,398 SF
Lot
1.87 ac (81,323 SF)
Zoning code
RA2
APN
09-025-A-000-0044
UPID
US53-4925275
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.10M
Owner & transaction history
Mark E Elvin · 5 yrs held
Mark E Elvin
since 2020
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
RA2 · Denton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Denton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,340,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,095,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Nov 20 2020)
Last sale anchor
$1.10M
Nov 20 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$149 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,974
Tax year 2023
Assessed value
$1,107,040
Assessed 2023
Previous assessed
$1,107,040
+0.0% YoY
Effective rate
0.63%
On assessed value
Land market value
$176,000
Improvement market value
$931,040
Total market value
$1,107,040
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Mobile home & RV parks
Use group
CAMPGROUND, RV PARK
Status
Off-Market
Year built
2008
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
5
Total area
7,398 SF
Lot
1.87 ac (81,323 SF)
Zoning code
RA2
APN
09-025-A-000-0044
UPID
US53-4925275
Jurisdiction
DAVIDSON
Zoning & alternative use
RA2 · Denton, NC
Zoning RA2 · permitted uses
RA2 · Denton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.1M
RESTAURANT
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2008
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
5
Lot
1.87 ac
Current owner
From public records · entity-resolved
Mark E Elvin
Individual
Mailing address
25 OYSTER LNDG RD, HILTON HEAD ISLAND, SC 29928-3038
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2020
$1,100,000
Mark E Elvin
Ronald E Garrow
Warranty Deed
$880,000 · Mortgage Network INC
Mar 5, 2018
—
Ronald E Garrow
—
Deed
related
$500,000 · First Citizens Bank & Trust Co
Jan 24, 2018
—
Garrow,ronald & Dana Trust
Garrow,ronald E & Dana M
Quit Claim Deed
related
—
Jun 10, 2016
—
Ronald E Garrow
—
Deed
related
$375,000 · First Citizens Bk
Jan 9, 2009
—
Ronald E Garrow
—
Trustees Deed
related
$628,059 · Fifth Third Bank
Dec 19, 2007
—
Ronald E Garrow
—
Trustees Deed
related
$628,150 · First Charter Bank
Oct 12, 2007
$248,000
Ronald E Garrow
Kubis,jeffrey A & Diana N
Warranty Deed
—
Aug 4, 2006
$190,000
Jeffrey J Kubia
John M Riordan
Warranty Deed
$155,200 · Wachovia Mortgage Corp
Aug 4, 2004
$165,000
John M Riordan
J & J Properties LLC
Warranty Deed
$148,500 · First Bank
—
—
Ronald E Garrow
—
Deed Of Trust
related
$550,000 · Ing Bank Fsb
—
—
Ronald E Garrow
—
Deed Of Trust
related
$375,000 · First Citizens Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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